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HomeFinTechSalty Dot: Raises More Than $15M in Funding

Salty Dot: Raises More Than $15M in Funding

  • Salty Dot Inc., a Salt Lake City, UT-based Embedded Insurance technology company, raised $15M in additional funding
  • This brings the company’s capital raised to date to over $31m
  • The backers were not disclosed
  • The company intends to use these incremental funds to drive growth with partners, optimize the Embedded Insurance platform, and develop product further
  • Salty provides a Software-as-a-Service (SaaS) solution that uses artificial intelligence and machine learning to analyze customer data
  • It then sorts through multiple carriers and presents the customer with the best, bindable quote in real-time
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